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Construction works on the Arabian Canal on schedule

Limitless, an integrated real estate development company and a business unit of Dubai World, has begun construction work on the Dh40.4 billion ( $11...

New Rental Index unveiled

Not a regulation, but a guideline The Real Estate Regulatory Authority (Rera) unveiled a new rental index, which shows residents average rental prices they can...

Q4 2008 House Price Index for Dubai shows average 8% price...

Report  attributes fall to reduced liquidity and negative sentiment Colliers International, the global real estate consultancy, today released its Q4 2008 House Price Index (HPI),...

Developers urged to build awareness on strata law

60% of developers still unprepared for the law, says Peter Crogan, CEO of BCS Strata Management Services Though strata management is making its way...

Unified Real Estate Regulatory Authorities in the pipeline

As Dubai Real Estate Regulator Authority (RERA) continues introducing new laws and regulations aiming to streamline the emirate's real estate sector and protect all...

FNC recommends to reduce the dependence on the foreign labour

Introduction of quota for non-Arab Labour Implementation of Federal Law for property ownership Changes in regulations and fees for family and domestic help sponsorship The Federal National...

DED and RERA sign co-operation agreement to facilitate licensing procedures for...

The Dubai Department of Economic Development (DED) and Dubai’s Real Estate Regulatory Authority (RERA) have signed a co-operation agreement to facilitate all licensing...

Property Prices Roundup

It is no secret to any one that property prices are falling. Through the mail are coming many offers, some of which are listed...

New online tenancy contract registration

Rera recently urged tenants and landlords to register tenancy contracts online from January 1, 2009, to develop a comprehensive rental index that will help...

Apartment service charges in JBR increased by 129 percent

Apartment owners on Dubai’s Jumeirah Beach have been hit with a massive increase in service charges. Salwan Property Management, a subsidiary of the project...

The Wave, Muscat Wins 5 Prestigious International Property Awards

The Wave, Muscat has won top accolades at Homes Overseas Awards held in London. Homes Overseas, one of UK’s leading international property magazines,...

Property prices in Dubai competitive worldwide

Property prices in Dubai are much lower compared to the other metropolis worldwide like Hong Kong, London, Moscow, Paris and New York. Data stated by...

Nakheel announced job cuts

Dubai's master developer, Nakheel, announced that it was scaling back work on some of its projects and that it has adjusted it staffing requirements...

Emaar Middle East launches Enterprise Resource Planning system to optimize project...

New system to strengthen sales & financial management and growth plans Emaar Middle East, the business subsidiary of Emaar Properties PJSC focused on various...

DAMAC puts on hold expansion plans

Focus on Dubai Projects Property developer Damac have announced profits of Dh500 million for the first nine months of this year, reported Gulf News...

New law will regulate Abu Dhabi’s real estate market

Abu Dhabi Department of Municipal Affairs is preparing a new draft law to regulate the real estate market in the emirate, according to Dr...

‘Dubai Smile’ to become the seventh crossing across Dubai Creek

His Highness Sheikh Mohammed bin Rashid Al Maktoum approved the design of the seventh crossing (Dubai Smile) across Dubai Creek, reported...

DAMAC introduses new payment plans

Property Consultant from DAMAC Properties told  DubaiChronicle.com that the company is introducing new more flexible and affordable payment plans, along with various  discounts....